Whenever I do a mortgage for a client buying a new house, I discuss their options in detail with them. This includes various mortgage programs, such as FHA, conventional, VA, etc.; mortgage terms, such as 15 year fixed, 30 year fixed, 10 year fixed, etc.; and what types of mortgage are available, such as option […]

As the year comes to an end and we enter December, the crunch begins to meet year-end closing deadlines. There are a number of reasons why people want to close by the end of the year, but most of them revolve around taxes. And I find that every year during this first week of December, […]

Happy Thanksgiving to all of my clients, past, present, and future, and to all of my loyal readers. Be safe, be healthy, and try to remember the spirit of the day. If you have any questions about buying a house, obtaining a mortgage, or getting a preapproval letter, please contact me and I will be […]

A concern for anyone buying a house is missing a closing date. This can cost the buyer their earnest money, kill a deal, or leave them without a place to live if they are selling a house and buying a new one. There are dozens of reasons why buyers miss a closing date, but the […]

On Tuesday, I wrote about what to do to buy a house after a foreclosure. I didn’t think to include anything in reference to buying a house after a short sale, but several people have already asked, so I figured I would address it here. Buying a house after a short sale is much like […]

With everything that has happened over the last eight or nine years, an unfortunately common question is whether or not you can buy a house if you had a foreclosure in the not-too-distant past. There is a common misconception that any foreclosures mean you can’t buy a new house for seven years. And while it […]

I’ve already discussed the pros and cons of both buying in the winter and selling in the winter, but it is also important to think about whether or not it is time to ditch the apartment for a house. If you are currently renting and have been thinking about buying a property, it might be […]

Happy Veteran’s Day to all active duty members of the military and to all who have previously served. Your sacrifices are truly appreciated by everyone here at Ross Mortgage. And for all military personnel, active and retired, don’t forget that you have a special mortgage program available to you through the VA. A VA mortgage […]

On Tuesday, I discussed the pros and cons of selling a house in the winter. Today, I’d like to talk about buying a house in the winter. Many potential buyers I speak to, especially those who are currently renting or are first time homebuyers, think they need to wait until the spring to buy a […]

If you are in the process of buying a house or are thinking of buying a house, there are some common documents you will need for your mortgage. By collecting them early and having them upfront, you will save time in the process and help your mortgage officer properly prequalify you. And many lenders will […]